Author: NBTC
Binance’s new platform for pre-list tokens, Binance Alpha, recently announced the fourth batch of tokens added to the selection pool. The new batch includes tokens like KOGE, BANANA, GNON, LUCE and others. In Binance Alpha’s fourth batch of pre-listed tokens, the platform has selected are a mix of Solana (SOL), Ethereum (ETH) and BNB (BNB) -based tokens. The batch includes nine tokens that were chosen based on aspects such as strong community interest, traction and hot trends. On Dec. 20, Binance Alpha released a notice unveiling the tokens included in batch number four to be Banana, Koge, Bob, Magic Power,…
The crypto industry experienced a transformative year in 2024, marked by rapid user acquisition and shifting ecosystem dynamics. A new report from Flipside highlights significant growth in user engagement, particularly on Base and Ethereum, while decentralized exchanges (DEXs) and new blockchain projects reshaped the competitive market. On-Chain Growth and Emerging Market Dynamics Base, a blockchain platform developed by Coinbase, led the market in 2024 with 13.7 million new users in October alone. This surge positioned Base as the fastest-growing chain, outpacing Ethereum’s steady average of 1.56 million new users per month. In comparison, Bitcoin’s growth lagged despite its price reaching…
History has been made with Bitcoin crossing $100k earlier today. Following Bitcoin reaching the highly anticipated mark, Anthony Scaramucci, the hedge-fund manager who experienced a brief tenure in the Trump administration, jokes that he owes his former boss a gesture of gratitude. When asked about the rise in Bitcoin prices after Trump’s re-election, he joked, “I probably have to buy Donald Trump a Christmas present.” He used to call Trump a friend but now sees him as a danger to the country, “Like a McDonald’s gift card.” Scaramucci, like many of the investors who persevered with BTC through its ups…
VeChain (VET) has disclosed in its latest post that the much-anticipated upgrade dubbed VeChain Renaissance would align rewards with impacts through four major changes. One of the changes would be the new VTHO distribution model, which would ensure that validators, builders, and “X-Nodes and Economic Nodes” remain the groups that receive network rewards. CNF recently reported on the upcoming holistic upgrade of VeChainThor through a technical roadmap called VeChain Renaissance. According to the details, this initiative aims to position stakeholders above all technical and regulatory trends while leveraging the contributions of users and developers to subject the network to significant…
Craig Wright said he won’t be attending his contempt of court hearing in London today, citing a “lack of means for travel.” As a result, he will likely be found in contempt and face possible arrest and prison. There was much speculation about whether Wright would show up at the London Royal Courts of Justice to face the hearing brought by the Crypto Open Patent Alliance (COPA). Last November, Mr. Justice Mellor ordered Wright to attend in person after deciding his arguments against attending carried “no justification.” He said, “It is difficult to avoid the conclusion invited by COPA which…
Transak will add a batch of 11 meme tokens for direct access. The payment service will expand purchasing opportunities for some of the hottest assets to rally in 2024. Transak, one of the widely used on-ramps for Web3 users, will add 11 meme tokens. The decision signals wide-spreading recognition for the new asset class. Meme tokens have been added cautiously to major services, while easily grabbing the attention of social media users. Transak started out with the most liquid memes, including DOGE, SHIB, PEPE, and BONK. The new meme tokens have a much shorter history and a faster rise to…
Zero1 Labs, an emerging expert in decentralized AI or DeAI ecosystems, has signed an agreement with The Ignition AI Accelerator, a global project of NVIDIA and Tribe. This partnership is expected to bring a fresh perspective to a typical AI startup’s developmental life cycle by merging Zero1 Labs’ knowledge of privacy-preserving AI solutions with the accelerator’s capabilities and connections. https://t.co/eC0oNYpq98 — Zero1 Labs (𝟘,𝟷) | Cypher Testnet Live (@zero1_labs) December 19, 2024 Combined, they aim to build an environment that will support the evolution and growth of the startups that develop and deliver advanced artificial intelligence solutions in the international…
Long-term Bitcoin holders (LTHs) are starting to take profits after BTC surpassed the $100,000 milestone, according to data from on-chain analytics firm CryptoQuant. This trend is manifesting itself as an increase in the “long-term owner spent output profit ratio” (LTH-SOPR), which measures the profitability of coins sold by long-term investors by comparing their selling price to the original purchase price. “Long-term investors have started to take profits as the Bitcoin price has climbed above $100,000,” said Julio Moreno, CryptoQuant’s Director of Research. “LTH-SOPR has risen to four on our charts, indicating that coins sold by long-term holders are making profits…
The Nirvana project token, VANA, forms a candlestick, surging as high as 2700% after Binance Launchpool announced it will list a native EVM-compatible L1 blockchain token of the same name. The VANA token linked to a metaverse-centered initiative called the Nirvana project skyrocketed to great heights after Binance Launchpool released an announcement saying it will list a native token from the Vana explorer, native EVM-compatible L1 blockchain for user-owned data. Although the Nirvana token bears no connection to the VANA token Binance plans to list on Dec. 16 at 10:00 UTC, it seems crypto traders mistook the VANA token linked…
Hong Kong presents a stablecoin bill to solidify its digital asset regulatory framework. At a legislative council meeting on Dec. 18, Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, presented a stablecoin bill in its second reading. In light of fiat stablecoin issuers’ increasing significance in the financial sector, the law aims to provide a legal framework for them. The suggested regulation requires stablecoin issuers to have reserves equivalent to the value of circulating stablecoins, made out of liquid, high-quality assets. The right to redeem stablecoins at face value without exorbitant fees or delays would also be…